Why Live in Sun Lakes
Sun Lakes in Lake Placid, Florida, is a residential neighborhood characterized by a mix of paved and gravel roads lined with towering pines and native scrub plants. The area features quarter-acre vacant lots and established ranch-style homes with rustic Spanish features such as red tile roofs and stucco exteriors. Many properties include outdoor living spaces like courtyards and patios, reflecting Florida's tropical climate. Sun Lakes is part of a Special Benefit District, requiring an annual fee to support community amenities, including a private park with a sandy beach, boat ramp, lake docks, playground, and sports courts. The neighborhood is within 7 miles of Placid Lakes Golf Course and the Archbold Biological Station, which offers interactive educational experiences. For shopping and dining, residents have access to Winn-Dixie and Dollar General within 3 miles, while more extensive retail and restaurant options are available along U.S. Highway 27 and in downtown Lake Placid, 6 miles away. Local attractions include the Lake Placid Local Sugar Express Train and the annual Caladium Festival. The Sun N Lakes South Clubhouse hosts various community events, and healthcare needs are met by AdventHealth Lake Placid, located 6 miles away. While the area lacks brand-name retail options, Eagle Ridge Mall in Lake Wales, 51 miles north, provides additional shopping opportunities.
Home Trends in Sun Lakes, FL
On average, homes in Sun Lakes, Lake Placid sell after 78 days on the market compared to the national average of 51 days. The median sale price for homes in Sun Lakes, Lake Placid over the last 12 months is $185,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$185,000
Median Single Family Sale Price
$30,000
Median Townhouse Sale Price
$232,750
Median 2 Bedroom Sale Price
$105,000
Median 1 Bedroom Sale Price
$75,000
Average Price Per Sq Ft
$183
Number of Homes for Sale
109
Last 12 months Home Sales
84
Median List Price
$99,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
6%